LOT #20249 |
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Fr. 1310a 50¢ First Issue Small Perforations PCGS Banknote Gem Unc 65 PPQ.. ...
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Sold on Apr 21, 2021 for:
$4,800.00
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Description
65 PPQ Perf. 14 First Issue Fifty Cent
Fr. 1310a 50¢ First Issue Small Perforations PCGS Banknote Gem
Unc 65 PPQ.This is the first time that we have been able to offer a fully Gem example of this rare Small Perforation 50¢ note. Milt Friedberg's and Tom O'Mara's were both AUs; Bob Laub's which we just sold in January was a 64 which realized $3600. We told the story of these 1310a's when we sold Bob's piece, and we will repeat it here: "'14 Perforations' refers to the number of perforations per 20 millimeters of edge length. The normal perforations, on all other First Issue Fractional notes, are slightly larger: perf. 12, or 12 perforations per 20 millimeters of edge length. The generally accepted history of these smaller perforated notes is that they were produced from two sheets by dealer Harlan P. Smith circa 1890. Although there is no documentary evidence, there is considerable circumstantial evidence that Smith perforated these sheets himself. As this variety was listed by Blake, Valentine, Limpert and Rothert as genuine, it remains highly desirable and collectable in spite of its possible private perforation." This note, which to our knowledge is the only 65 PQ from any service, also has a wide strip of selvage outside the bottom perforations.
From the Tabacco Family Collection
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Auction Info
2021 April 21 - 23 Central States Currency Signature Auction - Dallas #3582 (go to Auction Home page)
Auction Dates
April, 2021
21st-23rd
Wednesday-Friday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 188
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20% of the successful bid per lot.
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